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  • Reviews (3)
  • Comments (69)
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Color Trend FX

3.67

The Color Trend FX indicator shows on the chart the accurate market entry points, accurate exit points, maximum possible profit of a deal (for those who take profit according to their own system for exiting deals), points for trailing the open positions, as well as detailed statistics. Statistics allows to choose the most profitable trading instruments, and also to determine the potential profits.

The indicator does not redraw its signals! The indicator is simple to set up and manage, and is suitable for beginners, advanced and professional traders.

The indicator is a part of my portfolio of tools for trading, therefore, it will be constantly upgraded and supplemented with new features, which will be available to all my clients. I would be grateful for your feedback!


Features of Color Trend FX

  • Automatically determines the market entry points;
  • Automatically determines the market exit points;
  • Can be used on any symbols and timeframes;
  • Ability to trail open positions;
  • Expanded statistics on entries (separate for Buy and Sell deals), allowing to choose a profitable symbol and determine potential profit;
  • Notification functions using email messages, terminal alerts, push notifications;
  • Signals are not repainted;
  • Signals strictly on the "Close of the bar".


Main settings

  • AccuracyDelta - accuracy of entry filter. The lower the value, the more "noise" in signals. If a value is too large, the signal may be lagging;
  • ‌Days for Calculation - number of days for calculation.  If your computer is not very powerful, you can limit the number of bars for calculation;
  • Show Extended Statistics - display extended statistics on deals;
  • Delta to Draw Arrows (in Pips) – offset in pips to display the signals on the chart.


    Time settings

    • Use Time Filter - activate filter by time;
    • ‌Start Hour - trading start hour;
    • Stop Hour - trading end hour;
    • GMT Offset – shift relative to GMT.

    Color settings

    • ColorBuy - color of buy signals;
    • ColorSell - color of sell signals;
    • CurrentColorBuy - color of buy signals on the current [0] bar;
    • ‌CurrentColorSell - color of sell signals on the current [0] bar.


    Notification (alert) settings

    • Enable Notifications - activate all types of alerts, false - disabled, true - enabled;
    • Enable Terminal Alerts - activate alerts in separate message boxes;
    • Send Push Message - send push notifications to the mobile terminals (specify the MetaQuotes ID in the settings);
    • Send an Email - send emails to the address specified in the settings.


    Important Note

    The purpose of the instrument is to show accurate entry points, points for trailing open positions, exit points. It also displays statistics on the possible potential profit for the current instrument and timeframe. It is not recommended to trade during important news releases, in order to avoid false entries!

    It is not recommended to trade on a low-volatility (flat) market!

    The principle of using the data on the average profit at the current symbol and timeframe:

    By analyzing different pairs and timeframes, you can choose the most profitable pair and timeframe suitable for your style of trading.

    Knowing the average profit on the current instrument and timeframe, you can select the average profit level for next trades.

    Reviews 3
    Gary Gee
    123
    Gary Gee 2022.03.04 07:04 
     

    More people should buy the Color Trend FX indicator. If you use it when the market is moving up and down and not going sideways, it provides great entry and exit points for trades. I'm using this indicator in conjunction with the AOTI indicator to decide when to enter and exit trades. This is a sleeper indicator that a lot of people have missed. I found a bug in the indicator. Alex fixed the bug right away. Alex provides great support.

    Joshua Mangold
    412
    Joshua Mangold 2017.12.27 07:12 
     

    This is my favorite indicator, would recommend. Very well done Alex!

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    1 (1)
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    Filter:
    MILAD NAJJARI
    152
    MILAD NAJJARI 2022.05.03 14:24 
     

    many wrong signal !

    Alexey Minkov
    9516
    Reply from developer Alexey Minkov 2022.05.03 16:12
    Hi. I think you just did not fully understand the functionality of the indicator. There is a detailed article on my blog about the indicator and its application in practice, with examples. I also want to draw your attention to the fact that my clients are never left without my support and assistance. You can read about this in other reviews. But instead of writing me a personal message with questions about the indicator, you prefer immediately to write negative feedback. This does not look like an attempt to understand how the indicator works and how to use it correctly. Nevertheless, I am sending you many examples of working with the indicator and I sincerely recommend studying them. I believe in you that with practice you will succeed, if, of course, you are interested!
    Gary Gee
    123
    Gary Gee 2022.03.04 07:04 
     

    More people should buy the Color Trend FX indicator. If you use it when the market is moving up and down and not going sideways, it provides great entry and exit points for trades. I'm using this indicator in conjunction with the AOTI indicator to decide when to enter and exit trades. This is a sleeper indicator that a lot of people have missed. I found a bug in the indicator. Alex fixed the bug right away. Alex provides great support.

    Alexey Minkov
    9516
    Reply from developer Alexey Minkov 2022.05.03 16:11
    Thank you so much for the review! ❤️ I'm glad you like my product. And I’m very appreciated such kind words about my person. It's very important to me that my experience benefits not only me, and I'm happy to share it with my clients and friends! That's the real power – doing what you love and share it with the friends and like-minded people.
    Joshua Mangold
    412
    Joshua Mangold 2017.12.27 07:12 
     

    This is my favorite indicator, would recommend. Very well done Alex!

    Alexey Minkov
    9516
    Reply from developer Alexey Minkov 2022.05.03 15:57
    Thank you for your review and your kind words! ❤️ I'm glad you like my product.
    Reply to review
    Version 1.8 2022.04.04
    ▪ Fixed the moving of the information panel on the chart
    Version 1.7 2022.04.01
    ▪ Updating and improving the internal algorithms of the indicator
    Version 1.6 2022.03.27
    ▪ Adapting the indicator to actual builds of the terminal

    ▪ Added the ability to change the sensitivity of the trend ending detection module

    ▪ The parameters of the trend ending detection module are placed in external buffers (Buy Exit - Buffer 2, Sell Exit - Buffer 3)
    Version 1.5 2021.06.29
    ▪ Scheduled compilation for the current build of the terminal
    Version 1.4 2017.11.30
    * Indicator's logic upgrade,
    * Added filter by time,
    * Some minor changes.
    Version 1.2 2017.04.25
    * Important update: added the ability to determine the exit points

    * Ability to move the comment area on the price chart